McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. ® , DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

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Housing Wire

APRIL 20, 2021

After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

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Housing Wire

JUNE 10, 2021

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. According to HomeAdvisor , the average seller pays almost $1,500 in staging costs. Seller Concessions.

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Lamacchia Realty

FEBRUARY 8, 2022

Because of this, many buyers going through the home buying process are becoming more open to a house that needs renovations. Purchasing a home that requires renovations and repairs might seem overwhelming, but with these tips, the process of purchasing a fixer-upper and making those first repairs is much more manageable.

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Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

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Housing Wire

JANUARY 5, 2024

As a real estate agent , it’s essential to stay aware of significant changes in interest rates and how they may affect market conditions so you’re better equipped to advise your buyers and sellers on everything from housing affordability to availability. Lower demand means that homes often sit on the market longer than usual.

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Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal.

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Hank Miller Team

MAY 31, 2022

Appraising and being involved in real estate sales for over 30 years allows me to see epic "renovation" nightmares. Will your agent spot renovation disasters? This home however, was a graduate course in renovation disasters - and renovation is the listing agent's term. How much damage behind those walls?

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Housing Wire

SEPTEMBER 19, 2023

This will help you set a realistic price and manage your sellers’ expectations. For appraisals that are low, a seller may want to get a second appraisal. If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. At this point, an estimated market value is generated.

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Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings. Overall, Zillow reported $9.6

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Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. As we begin to see the other side of the pandemic and throughout the past year, the home improvement and renovation industry is seeing an extremely high demand for tools, materials, and home improvement service providers. Cost of Materials. The cost for lumber is 3x higher than it was last March.

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Renovations Buyers Home Improvement Realty 54

Housing Wire

MARCH 2, 2021

Four renovations to consider before selling your house. But you’d be surprised by how many sellers forget or rush the cleaning process. If you have the finances to do so, consider making some light renovations before selling your home. Here’s how to get an instant offer on your home. Make Sure You Clean The House.

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Inman

NOVEMBER 15, 2023

While a number of companies have emerged to assist agents and their seller clients with renovating or updating a home before introducing it to the market, Sundae built its model on the opposite approach — helping consumers sell homes sell as-is to investors.

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Kairos Appraisal Services

DECEMBER 16, 2021

There’s no doubt that 2021 was a hot real estate market, but there was another hot market this year, and that was the renovation market. This is a trend we will… The post Highest ROI: Top Home Renovations appeared first on Kairos.

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Housing Wire

NOVEMBER 1, 2022

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

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Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. We negotiated to get the sellers the highest price possible. Many of us are in sellers’ markets with very low inventory.

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Lamacchia Realty

MAY 20, 2022

HOME RENOVATIONS IN 2022. It’s well known that the world has seen a multitude of changes over the past few years, and the home renovations world is no different. From supply chain delays and stoppages to inflation, home renovation and even new construction projects are feeling the impact. Insulation is up 5.4% from last year.

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Renovations Supply Chain Construction Modernization 54

BiggerPockets

DECEMBER 27, 2023

With topics ranging from partnerships to home renovation hacks, we covered a ton of ground this year and […] We got to talk a WHOLE lot of real estate in 2023.

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Real Estate Sellers Renovations Finance 63

Housing Wire

MAY 14, 2021

And while price matters, it’s easier to renovate a home than pick up and move it to another city. After all, the older the home the more you might have to pay in renovations or general upkeep. Right now, we’re in a seller’s market. Before buying a home, consider the location. The Age Of The House.

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Housing Wire

APRIL 23, 2024

Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs). The lender announced a $120 million cost reduction program that will positively impact this year’s financial results, Martell added.

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Mortgagebroker News

OCTOBER 6, 2023

The Canadian housing market is likely to see a "historic number" of resale homes in the next few years

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Renovations Sellers Housing Market Marketing 57

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “Significant untapped growth potential,” touts a slide in an Offerpad Solutions Inc. “The largest, undisrupted market in the U.S.,”

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Berkshire Hathaway

MARCH 31, 2021

In a normal market renovating your home before putting it up for sale was a great way to make it more appealing to buyers. However, this is not a normal market and with so many buyers competing for homes renovations may not be as important, which as a seller is great news because it will save you time and money!

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Housing Wire

FEBRUARY 9, 2021

Four renovations to consider before selling your house. Your next move would be to renegotiate with the seller. Ask for seller concessions to make up for the increased price. Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller.

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Appraisal Real Estate Agent Sellers Real Estate 482

Inman

MARCH 30, 2023

The concept of ‘home renovation’ is undergoing a transformation right now. Things that used to stop sellers in their tracks — bloated quotes, timelines without deadlines, and blind trust — are things of the past. Curbio is disrupting the industry with transparency, technology, and results.

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Renovations Sellers Technology 106

Will Springer Realtor

JULY 25, 2023

One of those objectives may be to make renovations on the home now when you can still safely – and, we trust, affordably – manage the projects before being too busy playing pickleball, volunteering your time or traveling the world. The post Eight Home Renovations to Make Before Retirement appeared first on Will Springer.

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Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. Let the Renovations Begin! When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations. How can you capitalize on your first investment property? Next, look at your space. Click here to visit their website.

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Investing Renovations Landlords Real Estate 332

Movoto

JANUARY 27, 2022

A gut renovation is a great way to get exactly what you want when you buy a home. Here are some curveballs to expect when you do a gut renovation. . With a realistic budget, preparation, and a lot of patience, a gut renovation will be worth it when you get your custom home designed specifically for you. Average Cost: Varies.

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Housing Wire

JULY 30, 2021

Due to low inventory, sellers are able to put their homes up at a higher rate. By investing money into your property through renovations and upgrades, you increase the home’s price tag. In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013.

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Renovations Buyers Sellers Investing 505

Cornerstone

MAY 4, 2021

Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Taking the time (and spending the money) to renovate before selling might cause you to miss out on this chance. Keep 2 things in mind if you’re planning to sell this season.

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Empire Appraisal Group

JULY 27, 2023

In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. NEW YORK – Real estate agents say today’s buyers appear to have little desire to take on the additional costs and headaches of major renovation projects.

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Buyers Renovations Real Estate Agent Agents 78

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

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Renovations Buyers Appraisal Investing 221

Housing Wire

APRIL 16, 2021

And while homeowners often scramble to renovate kitchens and bathrooms, remember to pay attention to your yard’s foliage. . Here are a few “plant things” homebuyers and sellers should consider: Geography. According to a study by the USDA Forest Service, trees can add an average of 10% to a property’s value.

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Housing Wire

AUGUST 2, 2022

This won’t apply for homes that are being renovated — the department was not immediately available to explain the logic of that choice — manufactured homes, or condominiums. The purchase price can’t exceed the Federal Housing Finance Agency ’s conforming loan limits, which top out at $970,800 for 2022.

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Housing Wire

APRIL 9, 2021

.” With “Raveis Purchase,” which officially launched earlier this month, WRRE will acquire the home-seller’s property for an initial payment of up to 80% of the current value of the home, which unlocks the majority of the equity and enables the seller to settle any mortgages.

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Lamacchia Realty

MAY 8, 2024

As spring comes to a close, many potential sellers may be considering the idea of listing within the next few months. We will see the real estate market start to heat up as summer approaches, making it the perfect time for sellers to take advantage. If this sounds like you, don’t wait too long!

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Sellers Renovations Buyers Real Estate 61

Housing Wire

JANUARY 26, 2021

You can then use their report to renegotiate with the sellers — asking them to make the repairs themselves or reduce the sales price to account for the added repair costs. Were those recent renovations done up to local code? How long will its current roof last? Are its plumbing and electrical systems up to date?

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